Karachi: The Chief Executive Officer of MCB Investment Management Limited, which manages the Pakistan Cash Management Fund (PCF), has announced a new dividend payout. The distribution approved by the Board of Directors amounts to Re. 0.0222 per unit for the day of August 15, 2024.

According to information available from the Pakistan Stock Exchange (PSX), this dividend will be paid to the unit holders whose names were registered at the close of business on August 15. This distribution is part of the fund's ongoing strategy to provide regular returns to its investors.

The Pakistan Cash Management Fund is known for its daily dividend distributions, reflecting its focus on maintaining liquidity and steady income for its investors. This consistent approach to dividends underscores the fund’s commitment to delivering value and managing investor expectations in a dynamic market environment.